PURPOSE FUND CORP MKT-HEDGED FDPURPOSE FUND CORP MKT-HEDGED FDPURPOSE FUND CORP MKT-HEDGED FD

PURPOSE FUND CORP MKT-HEDGED FD

No trades
See on Supercharts

Key stats

Assets under management (AUM)
‪3.68 M‬CAD
Fund flows (1Y)
‪−597.36 K‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−0.02%

About PURPOSE FUND CORP MKT-HEDGED FD

Issuer
Purpose Unlimited
Brand
Purpose
Expense ratio
1.17%
Inception date
Sep 3, 2013
Index tracked
No Underlying Index
Management style
Active
The fund seeks to provide (i) consistent long-term capital appreciation with an attractive risk-adjusted rate of return investing in a portfolio of U.S. listed equities, and (ii) less volatility and low correlation to U.S. equity markets by tactically hedging the funds exposure to overall market risk. Its proprietary methodology emphasizes factors that highlight strong performing stocks such as fundamental change, valuation, growth and quality. Hedging is intended to enable the fund to take advantage of the expected value (or alpha) associated with the funds individual portfolio investments but with reduced risk that is associated with the overall market (or beta). The fund may use derivatives in order to further meet its investment objectives, and may also engage in short selling or other securities lending transactions to generate additional income. Portfolio holdings are reconstituted and rebalanced monthly.

Classification

Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of April 30, 2024
Exposure type
StocksBonds, Cash & Other
Electronic Technology
Technology Services
Finance
Stocks96.68%
Electronic Technology20.24%
Technology Services16.50%
Finance11.20%
Health Technology8.06%
Consumer Non-Durables5.43%
Producer Manufacturing5.40%
Retail Trade5.25%
Consumer Services3.85%
Commercial Services3.81%
Energy Minerals3.15%
Health Services2.73%
Transportation1.97%
Utilities1.92%
Process Industries1.83%
Communications1.46%
Consumer Durables1.27%
Distribution Services1.14%
Industrial Services1.00%
Non-Energy Minerals0.48%
Bonds, Cash & Other3.32%
Cash2.52%
Rights & Warrants0.80%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows